Too bad for electric cars being cheaper to run than petrol or diesel cars. As owners are about to find out, following Jeremy Hunt’s announcement that electric cars will be subject to vehicle excise duty from 2025, the main reason for their seemingly low running costs is that these vehicles are exempt from the heavy …
Electric car owners have been duped by big government Read More »
There is still an elephant in the room at COP27. And it just got bigger. At last year’s UN climate change conference in Glasgow, there was remarkably little discussion of the main challenge facing efforts to curb global warming: the huge sums needed to fund the transition. energy in emerging markets. There has been a …
Could carbon markets be the financial services response to climate change? Read More »
Washington CNN Business — Amazon founder Jeff Bezos plans to donate the majority of his $124 billion net worth over his lifetime, telling CNN in an exclusive interview that he will dedicate most of his wealth to the fight against climate change and supporting people who can unite humanity in the face of deep social …
Jeff Bezos says for the first time he will donate most of his money to charity Read More »
London CNN Business — Conventional economic logic revolves around a basic assumption: large economies are better, and finding ways to sustain or stimulate growth is paramount to improving society. But what if growth does little at best to solve the world’s problems, and at worst promotes the destruction of the planet and jeopardizes its future? …
Degrowth: a dangerous idea or the answer to the world’s biggest problems? Read More »
Renault sees the internal combustion engine continue to play a crucial role in its business over the next few years, according to a senior executive at the French car giant. On Tuesday it was announced that the Renault group and the Chinese firm Geely had signed a non-binding framework agreement to establish a company focused …
Renault is betting that the gasoline car market will continue to grow Read More »
CNN — It’s not unusual for temperatures in India’s Thar Desert to reach 48 degrees Celsius (118 degrees Fahrenheit). Even when they fall, warm winds sweep across the bare plains. The soil here is infertile, water is scarce. This place is almost uninhabitable for humans, but it is ideal for one of the largest solar …
India and climate change: Can Modi meet the world’s needs? Read More »
Press play to listen to this article SHARM EL-SHEIKH, Egypt — Climate change talks have long been stalled by demands for transfers of billions of dollars — on Monday, French President Emmanuel Macron backed a new push for the conversation to be measured in trillions. Speaking at the COP27 climate summit in Sharm el-Sheikh, Egypt, …
Macron supports trillions of dollars for the climate – POLITICO Read More »
When talking about climate change, large sums of money are soon an unavoidable topic of conversation. Who will pay and who will receive? Under what conditions and who decides what happens to the money? You don’t have to be cynical to remember a definition of foreign aid as money transferred from the poor in rich …
Climate change reparations are a toxic distraction Read More »
The aviation industry needs more carrots and less sticks to become more sustainable, according to the director general of the International Air Transport Association. Speaking at CNBC’s Sustainable Futures Forum on Friday, Willie Walsh was asked whether subsidies and tax breaks to encourage investment in cleaner energy were more efficient than businesses or consumers. taxed …
Taxation is a blunt instrument, says IATA chief Willie Walsh Read More »
Riyadh – Gulf International Bank – Saudi Arabia (GIB) has announced that it has participated in the world’s largest carbon credit auction of 1.4 million tons, launched by the Public Investment Fund (PIF) d Saudi Arabia at the opening day of the sixth edition of the Future Investment Initiative (FII) in Riyadh. The Voluntary Carbon …
GIB participates in the auction of the voluntary carbon markets of the PIF Read More »
